Gov. Gavin Newsom, the Legislature and the state’s bureaucracy claim to be addressing the state’s much discussed “housing crisis.” But rather than improve the state’s awful affordability crisis, the policies being enacted are precisely the wrong medicine, more akin to witch-doctoring than a scientific curative.  read more »

More is more and more is also different
~Benjamin Friedman, The Moral Consequences of Economic Growth, 2005  read more »

I’ve been having an ongoing series of conversations with my young friend Gracen up in Toronto about how to make sense of the Canadian real estate market. We see each other a few times a year as we both travel around North America.  read more »

Perhaps nothing so animates the progressive Left today as the notion of an increasingly race-conscious society, segregated by ethnic identity and dismissive of the traditional ideal of assimilation. If this seems ironic, it should—in the not-so-distant past, this was a position embraced by the reactionary Right, particularly in the Jim Crow South.  read more »

I want to share a few additional thoughts on Columbus, looking at the question of whether things really could have been different in the Rust Belt with different policies. I believe the answer is Yes, with caveats.  read more »

The United States population grew just 0.48% in the year ended July 1, 2019, according to population estimates released on the last day of the year. This is a full one-third decline from the 0.72% growth in 2014. Even that higher rate, typical for the first four years of the decade, was well below the 0.93% rate between 2000 and 2010. This was driven by a decline in the natural growth rate (births minus deaths), which fell from 1,461,000 in 2011 to 957,000 in 2019.  read more »

Transit is often touted as a way to save energy. But since 2009 transit has used more energy, per passenger mile, than the average car. Since 2016, transit has used more than the average of cars and light trucks together.  read more »

I knew a number of things about J. Irwin Miller, the former Cummins Engine CEO who financed Columbus, Indiana’s world-renowned collection of modernist architectural masterpieces.  But when I read Nancy’s Kriplen’s recent short biography of him, I learned a lot I’d never suspected. Clearly one of the most distinguished Hoosiers of all time, among other things, Esquire magazine put him on its cover in 1967 saying that he should be the next President of the United States.  That was a pipe dream, of course.  read more »

After having lost more than half a million residents between 1950 and 1980 New York’s borough of Brooklyn has regained more than two-thirds of its population loss. The renaissance of Brooklyn is rightfully cited as an urban success story. It initially attracted Millennials and others seeking an urban lifestyle at a lower cost than Manhattan, but now it has also become increasingly more expensive, evidenced by many new high rise luxury condominium buildings.  read more »

Is America about to suffer its Weimar moment, culminating in the collapse of its republican institutions? Our democracy may be far more rooted than that of Germany’s first republic, which fell in 1933 to Adolf Hitler, but there are disturbing similarities.  read more »